Wednesday, December 21, 2016 2:38:42 PM
Prior to very big run up, there is at least several BIG EXCITING press releases. Consider Corel, Dell, Microsoft, $40 million goal, Microsoft, Azure, VMware. Each BIG EVENT promoted by Sphere, and then on this board, Twitter and the newsletter resulted in a spike. The share price typically doubled, only to slowly resume its death spiral to a new low once the reality replaced the excitement.
So, now we see the same pattern. Somebody has made an unsolicited offer. Yeah! And so the stock goes up 50-100%.
What happens next? Well, may I suggest you look at the stock chart. At every trough there is a corresponding promotion, and then a sharp rise, followed by a progressively new low. Rinse and repeat
Of course, I might be completely misinterpreting the news and affect on the share price.
But, I'm not.......
"We are tired of development, now is the time to sell, sell, sell" - Sphere CEO Peter Tassiopoulos, Feb 2014
Recent ANY News
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